Bitcoin fails to hold $87,000 after Wall Street open as bond yields climb
- —BTC traded near $86,000, failing to hold the weekly close of $86,570
- —30-year Treasury yield topped 5.67%, 10-year returned to 5.31%
- —The 2026 yearly open at $87,570 remains key psychological resistance
- —Glassnode: aggressive upside momentum is fading, but no trend reversal yet
Why it matters: Rising U.S. bond yields are limiting upside for risk assets including bitcoin ahead of the Oct. 28 FOMC minutes.
Source: CryptoHamster
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